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Sunny Crowd Claims To Be 1st Crowdfunding Platform For Renewable Energy

Saturday, November 24, 2012 7:50
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(Before It's News)






 
I know there are a number of folks working to create cleantech-focused crowdfunding sites, but I’m not sure if any are actually up yet. Sunny Crowd may be the first. Here’s more from Solar Love:

The English translation (from German) of the homepage of sunnycrowd.com says that it is “the first crowdfunding platform for sustainable energy, in which each with a small amount of renewable energy projects can participate online.” I’ll take that to mean that anyone with any size clean energy project can submit a proposal and try to get it crowdfunded. (Yes, for me, clean energy = renewable energy… natural gas, ‘clean’ coal, nuclear, etc not included.)

Further along on the site, there’s the following note: “Each project is reviewed by Sunny Crowd on security, stability, future potential and legality before we present it to our members.”

The folks at Sunny Crowd also note that you can expect a good return on your investment (ROI), which makes sense given that solar and wind power are increasingly the cheapest electricity options around the world, and especially in Germany (where Sunny Crowd is focused/based).

From the looks of it, that’s all there is to know for you. The actual crowdfunding doesn’t seem to be starting yet. We’ll keep our eye on the initiative and see where it goes. I’m certainly excited to get a first look at some of the first projects, and would be more than eager to invest my money into some clean energy projects!

My impression is that the site will include crowdfunding projects beyond Germany, but it’s not entirely clear. I’ll ping the folks over there as soon as I publish this and see if I can get them to let us know of their full plans.




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